HSI Futures

U.S. stocks rose modestly on Friday after late news of merger talks in the semiconductor space boosted the technology sector and helped major indexes snap a four-day losing streak.

China's central government issued notices on Friday urging local authorities to restrict land supply and support their residents' need for better housing conditions, sending the stock market higher after a week of volatile trade while Hang Seng settled for a modest gain.

April month contract, Holding short

Plan A : 24288-24672, do nothing
Plan B : Above 24672, cut

Plan C : Below 24288, consider taking profits if it gaps down and rebounds strongly

Plan D : Consider intraday buy if market stays firm above 24545

Plan E : Cut below 24480

FKLI

Market showed some signs of weakness after failing to break above previous day's high. Failure to regain footings above 1817.5 might see market heading towards the 1803 level next.

Plan A : Attempt selling if market rebounds but fails to break above 1817.5

Plan B : Cut above 1823.5

Plan C : Consider buying if market were to corrects but holds firm above 1803

Plan D : Cut below 1794.5

FCPO

FCPO opened lower last Friday followed by the market withdrawal effect. Dalian and overnight soybean oil are down are down in the morning, therefore, it is likely for market to open lower later. Ringgit weaken further to RM 3.70 against the greenback.

Plan A : Intraday investor may stay out today. 

Plan B : Fresh seller may sell if market could rebound and resist near 2166. Target is 2128 and 2104.

Plan C : Above 2170, do nothing.

Plan D : Below 2140, do nothing.   


*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.